Morning Note

28 AUG 2013

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DATA MATRIX OF LAST SESSION

INDEX Sensex Nifty Midcap Smallcap Close 17968 5287 5278 5200 %Chg -3.18 -3.47 -2.10 -1.68

FIRST LIGHT HEADINGS

VALUE TRADED (Rs Crs)

BSE NSE F& O Total Total Volume 2065 12078 293346 307489

%Chg
11.74 12.74 33.24 32.13

MARKET INSIGHT
On Tuesday 27 Aug 2013, Sentiment failed to shore-up even after Finance Minister P

NET INFLOWS (Rs Crs)

FIIs DIIs (1374.0) 480.5

%Chg
126.25 17.20

FII OPEN INTEREST (Crs)

FII Index Futures FII Index Options FII Stock Futures FII Stock Options 17921.15 62362.29 28430.44 3331.33

%Chg
0.87 -0.87 -0.56 -2.72

World Indices
Dow Jones Nasdaq FTSE 100 14776 3579 6441

%Chg
-1.14 -2.16 -0.79

Chidambaram said that Rupee was significantly undervalued and soon will find its appropriate level. With no place to hide, stocks only from Information Technology counters emerged as knight in the shining armor, while rest all 12 sectoral indices ended in red on BSE. Major losers on BSE were stocks belonging to Banking, Capital Goods and Power counters that were beaten badly out of shape. The market breadth on the BSE remained negative; advances and declining stocks were in a ratio of 724: 1530, while 141 scrips remained unchanged. On the global front, a broad selloff hit emerging markets, sparked by worries over possible US intervention in Syria. The slump came after US Secretary of State John Kerry said late Monday that the recent use of chemical weapons against Syrian civilians is a 'moral obscenity,' raising expectations that the US could take military action against the Middle East nation. Mirroring Asian counterparts' trend, European stocks fell in early trade on Tuesday as unease about the threat of a military strike against Syria prompted some investors to cash in on recent strong gains. and a low of 18460.72 and 17921.82 respectively. Among the 30-share Sensex pack, 3 stocks gained, while 27 stocks declined. (Provisional)The BSE Mid cap and Small cap indices ended lower by 2.02% and 1.58% respectively. On the BSE Sectoral front, IT up by 0.17% was the only gainer, while Bankex down by 5.39%, Capital Goods down by 5.00%, Power down by 4.53%, Realty down by 3.90% and PSU down by 3.90% were the top losers. (Provisional) t 29.42 from its previous close of 26.38 on Monday. The CNX Nifty lost 189.05points or 3.45% to settle at 5,,287.45. The index touched high and low of 5,427.40 and 5,274.25 respectively. 3 stocks advanced against 47 declining on the index. (Provisional) in red after US hardened its stance against Syria, with south-east Asian markets hit particularly hard, while mainland Chinese shares gained after data showing an increase in industrial profits. Japan's Nikkei share average fell for a second straight day, taking cues from other weak Asian stock markets, with investors generally reluctant to trade actively ahead of potentially marketmoving events in the coming weeks. Investors are keeping eyes on developments over Syria and waiting to get clarity on when the US Federal Reserve will scale back its stimulus measures. .

Commodity
Crude (US$/bl)

%Chg
111.5 1417.5 4.75 1.34

Gold (US$/oz) Top 5 Movers INFY DRREDDY HCLTECH

Close Price
3,062.00 2,171.95 945

%Chg
1.03 0.98 0.05

Top 5 Loser
IDFC BHEL INDUSINDBK JPASSOCIAT HDFCBANK

Close Price
79.45 110.7 342 32.6 565.8

%Chg
-16.15 -10.65 -8.69 -8.68 -7.44

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Morning Note
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

QUANTITATIVE ANALYSIS: Trading in sync with most of emerging market's sell-off, Indian equity markets too ended in shambles on Tuesday as market-participants dumped stock on every possible occasion, which led to benchmark equity indices ending in gut with a colossal cut of over three percent. No respite came to the ailing equity markets, depicting weak trend in the backdrop of pessimistic global set-up. Lok Sabha's approval of a $20 billion bill for providing cheap grain to the poor, which renewed doubts about the government's resolve to control spending ahead of elections due next year, dragged Rupee to life time low level of 66/$ mark, denting sentiment. This coupled with concerns of a downgrade in country's sovereign rating by global rating agency, Fitch, also weighed on investors' sentiment. Back on Dalal Street, ending near day's low, Sensex and Nifty, registering massive three digit losses, ended near September 2012's low , i.e., below the crucial 18,000 and 5,300 levels respectively. For the upcoming sessions we believe spot index may continue its range bound scenario however 5180-5230 could

be the near term support levels. On the flip side any rebound from current levels could find some strong resistance around 55305555. Happy trading...........

Index
SENSEX NIFTY BANK NIFTY

Support 2
17212 5177 8448

Support 1
17402 5244 8604

Previous Close
17698 5287 8857

Resistance 1
17905 5355 9098

Resistance 2
18136 5402 9344

Trend
Rangebound Rangebound Rangebound

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Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 SEBI Regn No. BSE: INB010985834 / NSE: INB230781431 NSE: INB 230781431, F&O: INF 230781431, PMS Regn No. INP000002387 DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Morning Note
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NAME
Varun Gupta Mohit Taneja Vikram Singh

DESIGNATION
Head - Research Research Analyst Research Analyst

E-MAIL
varungupta@moneysukh.com

mohit.t@moneysukh.com
vikram_research@moneysukh.com

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Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI Regn No. INB010985834 / 010985834 NSE: INB230781431 SEBI Reg.No: BSE: INBBSE: 010985834, F&O: INF PMS Regn No. INP000002387 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293